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Category: Business
Nigerian Investors able to raise $94bn climate capital – Report
It has been revealed that retail investors are able to raise $94bn towards climate change financing in Nigeria by 2030. This was revealed in Standard…
Dubai opens Nigeria office to promote trade
Dubai Chamber has opened its Lagos trade office in its Africa’s expansion drive. The chamber will explore the burgeoning business prospects in Nigeria and the…
Oil price drops further after OPEC delays meeting
Oil prices recorded more loss on Thursday, after OPEC announced the shock delay of a key policy meeting, suggesting fresh upheaval in the bloc, while…
Rice price skyrockets as local production declines
Rice consumption in the country has been on a steady rise, beyond the reach of local supply, leading to a supply gap of about two…
Tinubu seeks multi-billion dollar infrastructure funding from IDB
President Bola Tinubu on Monday, sought a multi-billion dollar infrastructure finance facility from the Islamic Development Bank to fund a multi-sectoral portfolio of infrastructure projects…
Afreximbank, UBA sign $150m trade facility agreement
The Afreximbank has signed a 150 million dollar trade finance facility agreement with United Bank for Africa (UBA) PLC, under the Ukraine Crisis Adjustment Trade…
CAC restates commitment to improve revenue
The Registrar-General/CEO of the Corporate Affairs Commission, Hussaini Magaji, has reaffirmed his commitment to the full implementation of his four-point agenda to improve revenue and…
Customs intercept N924m worth of contraband
The Nigeria Customs Service, Western Marine Command, intercepted different contrabands worth N924m between August and October, the command has said. The command in a statement on…
FG to spend N7.76tn on salaries, others
The Federal Government’s recently agreed wage with the Labour Congress, salaries to federal workers, and other non-debt recurrent costs are expected to gulp N7.76tn in…
Crude shortage delays Dangote refinery, five others’ take-off
• Lack of supply to Dangote shameful, says FG, minister blames low production The failure to supply crude oil to domestic refineries, including the multi-billion…